Stocks Knocked After Pelosi 'Very Skeptical About Deal'

Stocks Knocked After Pelosi 'Very Skeptical About Deal' Tyler Durden Thu, 10/01/2020 - 09:54 Nancy Pelosi on Thursday said she's 'VERY skeptical about a deal' over the next round of pandemic stimulus, following Wednesday discussions with Treasury Secretary Stephen Mnuchin. Speaking on a Democratic whip call, Pelosi said Republicans and Democrats 'don't share the same values,' citing the child income tax credit, and that Democrats 'have gone down significantly' in their demands, while Republicans 'are at 0,' according to Politico's Jake Sherman. PELOSI gave several examples on the private Democratic call about how far Rs and Ds are apart: She said that Republicans refuse to peel back a biz tax credit, and, at the same time, won’t do anything for children — referring to the tax credit. — Jake Sherman (@JakeSherman) October 1, 2020 Pelosi's comments jolted stocks downward in Thursday trading. 
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